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European gas falls to 16-month low on strong supply outlook

Bloomberg Natural gas prices in Europe dropped to the lowest level since September 2021 as the supply outlook got a boost with full stockpiles in China forcing buyers to send LNG cargoes to the continent. Benchmark futures fell as much as 15% on Monday, taking the decline so far this year to 27%. Chinese importers are trying to divert February ...

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US online prices drop a fourth month

  Bloomberg The costs of goods sold online in the US dropped in December 2022 as holiday discounting drove prices down on an annual basis, according to data collected by Adobe Inc. Online prices decreased 1.6% year-over-year, marking a fourth consecutive decline. Half of the 18 categories tracked experienced falling prices, especially in computers, appliances and toys that saw deep ...

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Wind turbines are big enough for now, says Vestas CEO

  Bloomberg Wind turbines are big enough for now and the challenge over the next decade will be expanding output to meet green goals around the world, the world’s top producer said. Vestas Wind Systems A/S — which in 2021 announced a 15-megawatt offshore turbine that at the time was the world’s largest — currently doesn’t plan to make them ...

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